3 PHASES / FACES of XRPHi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
As you all know by now, I'm a huge fan of XRP. The fundamentals are promising, and I've done a number of posts on these. Including:
AND
These posts cover the fundamentals and key concerns for altcoin XRPUSDT. However, if we take a look at the actual chart, it doesn't look great (in all honesty). Ideally, on any coin, you want to see growth. You don't want to see a continious return to lowest lows. Instead, like Bitcoin, you want to see higher lows over time and higher highs. Now one could argue this observation two ways : either for or against XRP.
Which ever way you decide to argue, it's noteworthy to appreciate the simplicity of the market cycles occurring on XRP - Pump , Dump, and Consolidate until next Pump. We've recently seen a +30% pump, can you guess what comes next?
I think the chart is self explanatory; in it's complexity, it's actually pretty simple : Buy LOW, sell HIGH. Don't be greedy, take profits.
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XRP Triangle Break Out ? Will It Go Up?🙄🤔XRP Triangle Break Out ? Will It Go Up?🙄🤔
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XRPUSDT.P short - Ichimoku daily chartXRP pump today. As prices surge we look to trade the pull back. Price is coming into the orange zone, possible resistance on the daily Ichimoku chart. Should prices cool off we take profit on the first support zone, a 1.34 risk:return. Stop above the zone.
Don't take this trade as it might run into a loss. It's just an idea, not financial advice.
XRP sequence for trading remains with lower highs.XRP - 24h expiry - We look to Sell at 0.3878 (stop at 0.3978)
The primary trend remains bearish.
Trend line resistance is located at 0.3885.
The sequence for trading is lower lows and highs.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
0.3986 has been pivotal.
Our profit targets will be 0.3638 and 0.3608
Resistance: 0.3650 / 0.3750 / 0.3820
Support: 0.3600 / 0.3550 / 0.3501
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP's downtrend line is still present.XRP - 24h expiry - We look to Sell at 0.3898 (stop at 0.3968)
The primary trend remains bearish.
Trend line resistance is located at 0.3900.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 0.3718 and 0.3688
Resistance: 0.3700 / 0.3750 / 0.3800
Support: 0.3600 / 0.3550 / 0.3501
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
#XRPUSD - Rejected by Upper Trend Line Again!#XRP has been getting rejected by this descending trend line over and over again historically going back over 2 years, and here we are testing and bouncing off once again.
We've got a Sell signal from Crypto Tipster v2 too which would strongly indicate to us we're about to see a drop to the next level of support - a drop of 16%
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
XRP continues to be under downtrend line influence.XRP - 24h expiry - We look to Sell at 0.3838 (stop at 0.3898)
Trend line resistance is located at 0.3845.
Daily signals are bearish.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
We are trading at oversold extremes.
Our profit targets will be 0.3688 and 0.3658
Resistance: 0.3640 / 0.3700 / 0.3780
Support: 0.3600 / 0.3528 / 0.3500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP goes to the BOTTOM?AI forecasts declining XRP to $0.2 by the end of August, 2023.
Although a lot of traders recommend to buy XRP we see a lot of fundamental reasons of going down. Be smart! Save your deposit!
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AI is based on Fundamental analysis, Technical analysis and Geopolitical analysis. It analyses more than 500GB data every minute.
Have a nice day!
XRPThe xrp currency is in a side channel trying to break upwards, and this is the proposed scenario, and it is more realistic, reaching the price of 5500. The second scenario is to break the channel at the bottom, and therefore the currency is negative for sale. My advice is to wait to snipe the opportunity. A good investment, dear traders. With joy and pleasure ♥️💵
XRP Bear Market Fractal pointing to 2020 lows at $0.10If XRP repeats the price action from the last bear market then we could see retesting 2020 lows and maybe even sweeping the low.
Applied the fractal to the chart.
We are here at the highs seeing similarities in (cyclic) RSI and supertrend retest.
RIPPLE - Fundamental News Strong Support.The momentum that gave 10% local growth from the pro-trade tells us the intention of the price to show growth further.
The news that's been circulating around the internet says:
"Ripple CEO: already 12 independent organizations from the world of finance are promising legal support for Ripple in proceedings against the SEC."
Perhaps these events are luring traders into longs playing on emotion, for further gains at the expense of their stop losses.
If you like the idea, do like it. That's the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Pay attention to the missed opportunity to work out the trading situation.
XRPUSDTPERP - Re-accumulationIf from the current price the buyer will not be able to break through the local resistance for further movement, we are looking for an entry point into the long at the lower boundary of the range. On the chart after the breakdown of the trend and the formation of the range, we see that the spread is narrowing and the volume is falling, which tells us about the absence of large sales.
If you like the idea, do like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.